FOR IMMEDIATE RELEASE CONTACT: Dean P. Stull
Boulder, Colorado Chief Executive
Officer/President
May 7, 1996 (303) 443-4662
HAUSER ANNOUNCES NEW CHIEF FINANCIAL OFFICER
Hauser (NASDAQ: HAUS), announces that David I. Rosenthal has
been promoted to the position of Chief Financial Officer (CFO)
and Treasurer, effective May 1, 1996. William Paukert,
Hauser's CFO since 1986, in anticipation of retirement and to
facilitate the succession of the CFO position, will continue
with Hauser in a new role of Corporate Strategic Planning.
Mr. Rosenthal has been the Company's Corporate Controller
since June 1994. He received his CPA from the State of
California, his MBA at California State University and his
B.S. in accounting from the University of California at
Berkeley. He has over 18 years experience in public
accounting, and in private and public companies in senior
level financial management positions. At Hauser, Mr.
Rosenthal has been responsible for all accounting functions
and oversight of Management Information Systems, Human
Resources and Purchasing.
Mr. Paukert will be responsible for the development of short
and long term strategic planning, which will include financing
existing and future corporate ventures.
According to Dean Stull, Hauser's Chief Executive Officer, "We
have a great opportunity here to utilize David Rosenthal's
capabilities as CFO while continuing to have the benefit of
Bill Paukert's experience and expertise."
Hauser is a multi-product, multi-customer company focused on
the development, manufacturing, and marketing of special
products from natural sources. The company's market areas are
Health Care Products, Food Ingredients, Technical Services and
Secondary Forest Products.
FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Current Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report: May 9, 1996
HAUSER CHEMICAL RESEARCH, INC.
(Exact name of Registrant as specified in its charter)
Delaware 0-17174 83-3275863
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification
of incorporation) No.)
5555 Airport Boulevard
Boulder, Colorado 80301
(Address of principal executive office)
(303) 443-4662
(Registrant's telephone number,
including area code)
<PAGE>
Item 5. Other Events
The Company announced on May 7, 1996, that David I. Rosenthal
has been promoted to the position of Chief Financial Officer
and Treasurer effective May 1, 1996. William Paukert,
Hauser's CFO since 1986, in anticipation of retirement and to
facilitate the succession of the CFO position, will continue
with Hauser in a new role of Corporate Strategic Planning.
Item 7. Financial Statements and Exhibits
(c) Exhibit 20 - Press release dated May 7, 1996.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized.
HAUSER CHEMICAL RESEARCH, INC.
By:
Dean P. Stull, Chief Executive Officer
Date: May 9, 1996
